Huobi DM's and Binance's ETH_NW to ETHUSDT reached a twenty eight day period high on the 6th August marking an overall 60.39% shortening from the sixty day high of 16.76, making a spread of -10.122 in 41 days, the pairing currently spreads at 0.886 as of 13th August 2019 from 04:28:07 with a profit of 0.00008408 BTC for every 1 bitcoin spent. Since tracking proceeded we have verified a spread high of 6.638 since the 1st of August 2019. In the last 24 hours the spread reached a high of 1.252 meaning -15.508 decrease from the year high creating a 92.5% decrease. Huobi DM to Binance with ETH_NW ETHUSDT is positioned 74th currently. This arbitrage combination should not be considered a high yield development, and should be considered as such with HBDM BTC_CQ to HBDM BTC_CW and Binance BCHABCUSDT to Kraken BCHXBT which should be primary.
13th August 2019 04:28:07 UTC - 2 weeks ago
Huobi DM ETH_NW @ 210.57600000
Binance ETHUSDT @ 209.69000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00008408 BTC with a 0.4561% return
Bitcoin Trade Size
This pays an income of 0.002 bitcoin when you leverage 23.75 bitcoin of ETH_NW at Huobi DM at the current price of 210.57600000 and order the duplicate quantity of 23.75 bitcoin of ETHUSDT at Binance priced at 209.69000000 giving a 22.74 USD net gain with bitcoin trading at $11,370 per one BTC. Our recommendation today is to go and probe this arbitrage pairing more, as it would provide profit if done to the tune of 0.00008408 to each 1 BTC. The thought process indicates that the gains will be modest placing doubt to proceed especially when you consider the option of Binance BCHABCUSDT to Kraken BCHXBT resulting in 0.02904670 bitcoin return per 1 BTC currently.
Disclaimer : We are not financial consultants and all financial transactions are the responsbility of the user, this information provided is only valid at the timestamp of 13th August 2019 04:28:07, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.